Passwordless Authentication Firm 1Kosmos Secures $57 Mn in Series B round

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1Kosmos, a company that unifies identity proofing and passwordless authentication, has raised $57 million in Series B funding, including a $10 million line of credit from Bridge Bank.

Led by Forgepoint Capital and Origami’s Oquirrh Ventures, the round also saw participation from Craig Abod, Founder and President of Carahsoft, NextEra Energy Ventures, Gula Tech Adventures, and the 1Kosmos management team. This brings the company’s total funding to more than $72 million, including a prior $15 million Series A round.

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1Kosmos said the funds will be used to advance product innovation, accelerate global expansion by scaling direct and channel sales across North America, EMEA, and APAC, and deepen technology integrations with leading IAM, CIAM, PAM, and zero trust platforms.

Speaking about the funding round, Hemen Vimadalal, CEO of 1Kosmos, said, “Identity has become the first step in the kill chain. This investment allows us to strengthen the proactive controls organizations need to prevent impersonation-based attacks—whether it’s a sophisticated hacking group or a state-sponsored developer hiding in plain sight. 1Kosmos identity verification is the only practical solution that can be quickly deployed in a matter of hours to effectively combat this threat.”

“The mission at 1Kosmos, since its inception, has stayed remarkably focused on providing individuals with a secure digital identity, one they control and use to prevent identity fraud when accessing digital services. As the largest investor in the company, we are proud of their track record of innovation and delighted to see their accelerating growth,” Ernie Bio, Managing Director of Forgepoint Capital, added.

The announcement follows a string of recent company milestones, including 1Kosmos becoming the only full-service Kantara-certified credential service provider to achieve FedRAMP High authorization, certifying its platform for the U.S. government’s most security-sensitive workloads. In partnership with Carahsoft, 1Kosmos was also recently selected for a 10-year, $194.5 million blanket purchase agreement to supply next-generation identity proofing to Login.gov, the federal authentication service used across dozens of agencies.

Commenting on the investment in a passwordless firm, Ron Heinz, Founder and General Partner at Oquirrh Ventures, said, “We invested in 1Kosmos because they’ve built a rare combination: a defensible platform, strong commercial traction, and proven scalability. Enterprises can consolidate fragmented onboarding, identity verification, and authentication workflows into a single platform that cuts fraud, reduces operational overhead, delivers a modern user experience, and accelerates time-to-value.”

“Stopping AI-powered impersonation attacks is now a boardroom concern. 1Kosmos delivers a practical, scalable solution. They’ve created a business-aligned identity layer that replaces passwords and fragmented tools with secure, verified access for every user—whether employee, customer, or contractor,” Jay Emmanual, Managing Partner at NextEra Energy Investments, added.

Further commenting about the funding round, Craig Abod, Founder and President of Carahsoft, said, “With all the attention on business efficiency in both the public and private sectors, knowing who is in your network is an impactful way to gain efficiency quickly. 1Kosmos deterministically proves identity. There’s no guessing or predicting involved. This saves time and dramatically simplifies identity and access management.”

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Krishna Mali
Krishna Mali
Founder & Group Editor of TechGraph.

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